New insider Karpus Management, Inc. claimed no ownership of stock in the company (SEC Form 3)
FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 11/07/2023 |
3. Issuer Name and Ticker or Trading Symbol
BLACKROCK MUNICIPAL INCOME FUND, INC. [ MUI ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 0(1)(2) | I(1)(2) | See footnotes(1)(2) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus"), is a registered investment adviser to certain accounts that directly own securities of the issuer (the "Account Shares"). In such capacity, Karpus has voting and dispositive power over the Account Shares. As a result, Karpus may be deemed to beneficially own more than 10% of the issuer's outstanding shares of common stock for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). However, Karpus has no pecuniary interest in the Account Shares for purposes of Section 16 of the Exchange Act. Therefore, no securities of the issuer are reported on this Form 3 as being beneficially owned by Karpus. |
2. Karpus expressly disclaims any pecuniary interest in, and any beneficial ownership of, the Account Shares for purposes of Section 16 of the Exchange Act, and neither the filing of this statement nor any of its contents shall be deemed to be an admission by Karpus that it beneficially owns any securities of the issuer for any purpose. |
/s/ Daniel L. Lippincott, CFA, President and Chief Investment Officer | 11/09/2023 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |